KKR is weighing an investment in Saks, possibly with an eye toward merging the high-end department store with rival Neiman Marcus, according to a person familiar with the matter.

Finra agreed to take on oversight of two more U.S. exchanges, a move that will improve its surveillance and expand its coverage to about 90% of daily stock trading.

The storm brewing over Apple Inc.'s tax practices in the U.S. has already rained down hard in the U.K., where multinationals have drawn public scorn for the paucity of taxes they pay here.

Faced with public outrage over tax-evasion scandals at a time of austerity budgets, European leaders are trying to ensure that everybody—from high rollers to big multinationals—pays their fair share.

In a day of conflicting messages from the Fed that roiled financial markets, Chairman Ben Bernanke left some straightforward new clues about the central bank's plans for its $85 billion-a-month bond-buying program. The minutes from the most recent meeting, however, undermined the bid for clarity.

Luxury electric-car maker Tesla Motors said it fully repaid a $452 million federal loan and said it would be able to finance development of its next two vehicles without selling new shares.

General Electric is thinking more seriously about selling off large parts of its financial business, which investors want to shrink.

Pfizer plans to shed its majority stake in animal-health company Zoetis, continuing Pfizer's efforts to its hone its focus on drugs and vaccines for humans.

Clearwire said it hasn't had 'substantive' talks with Dish Network since last month, and doesn't expect the satellite-TV operator to top Sprint's sweetened offer for the wireless broadband provider, which Clearwire supports.